1 week Ago By ABMN Staff
Mesirow Financial Investment Management Inc. increased its holdings in Amazon.com, Inc.
( NASDAQ:AMZN ) by 0.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 417,887 shares of the e-commerce giant’s stock after acquiring an additional 777 shares during the period.
Amazon.com makes up about 1.8% of Mesirow Financial Investment Management Inc.
’s holdings, making the stock its 10th largest holding. Mesirow Financial Investment Management Inc.’s holdings in Amazon.
com were worth $91,680,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cable Hill Partners LLC raised its stake in Amazon.
com by 0.5% during the 4th quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock valued at $2,104,000 after acquiring an additional 44 shares during the last quarter.
Quattro Financial Advisors LLC increased its holdings in shares of Amazon.com by 23.8% in the fourth quarter.
Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after purchasing an additional 45 shares during the period. White Wing Wealth Management increased its holdings in shares of Amazon.com by 2.
4% in the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock valued at $433,000 after purchasing an additional 47 shares during the period. MBM Wealth Consultants LLC raised its stake in shares of Amazon.
com by 0.6% during the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after purchasing an additional 48 shares during the last quarter.
Finally, Semus Wealth Partners LLC lifted its holdings in shares of Amazon.com by 0.3% during the third quarter.
Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant’s stock worth $3,339,000 after purchasing an additional 49 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.
Analyst Ratings Changes Several equities analysts have issued reports on AMZN shares. Needham & Company LLC reissued a “buy” rating and issued a $250.00 price objective on shares of Amazon.
com in a research note on Friday, February 7th. JMP Securities set a $285.00 price target on shares of Amazon.
com in a research note on Thursday, March 27th. Jefferies Financial Group reduced their price objective on shares of Amazon.com from $275.
00 to $250.00 and set a “buy” rating for the company in a research report on Monday, March 31st. HSBC lifted their price objective on Amazon.
com from $225.00 to $270.00 and gave the company a “buy” rating in a report on Monday, January 13th.
Finally, Wedbush reissued an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, February 7th.
Two equities research analysts have rated the stock with a hold rating, forty-three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $260.53.
Amazon.com Price Performance Shares of Amazon.com stock opened at $175.
26 on Tuesday. The company has a current ratio of 1.06, a quick ratio of 0.
87 and a debt-to-equity ratio of 0.18. Amazon.
com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.
52. The stock has a market capitalization of $1.86 trillion, a P/E ratio of 31.
69, a PEG ratio of 1.50 and a beta of 1.39.
The business’s fifty day moving average price is $210.97 and its 200 day moving average price is $209.12.
Amazon.com ( NASDAQ:AMZN – Get Free Report ) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.
86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.34.
Amazon.com had a net margin of 9.29% and a return on equity of 24.
25%. As a group, research analysts anticipate that Amazon.com, Inc.
will post 6.31 earnings per share for the current year. Insider Buying and Selling In other Amazon.
com news, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $187.
99, for a total value of $469,975.00. Following the transaction, the chief executive officer now directly owns 509,474 shares of the company’s stock, valued at $95,776,017.
26. This represents a 0.49 % decrease in their position.
The sale was disclosed in a document filed with the SEC, which is available at the SEC website . Also, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction that occurred on Friday, February 21st.
The shares were sold at an average price of $220.65, for a total value of $4,585,989.60.
Following the transaction, the chief executive officer now owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.90. This trade represents a 0.
97 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 104,798 shares of company stock worth $23,341,803.
10.80% of the stock is currently owned by corporate insiders. Amazon.
com Company Profile ( Free Report ) Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS).
It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content. Read More Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.
com, Inc. ( NASDAQ:AMZN – Free Report ). Receive News & Ratings for Amazon.
com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter .
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